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Sep 5, 2012
09/12
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the expansion of fannie mae, freddie mac and hud, allowing banks to balloon balance sheets. clinton may blame bush but it's tough to figure that president clinton wasn't at least partly responsible for the housing bubble. let's talk to david goodfriend, steve moore, author of "return to prosperity." steve, we'll start with you. i thought bill clinton was reagan's third term. for him to trash republicans and bush doesn't make sense. clinton has nothing in common with barack obama. >> that's exactly right. that was the point of the editorial today. the lead editorial. in a lot of ways obama has been the anti-clinton. let's talk about a couple of areas where obama policies have been in complete contrast to bill clinton. first of all, bill clinton was a fiscal conservative. he did cut spending. there was little growth in the budget under bill clinton. of course barack obama gave us just the opposite. an $830 billion stimulus plan. the second one that's pretty obvious, larry, is barack obama, very famously said he was going to end welfare as we know it. he signed the welfare refo
the expansion of fannie mae, freddie mac and hud, allowing banks to balloon balance sheets. clinton may blame bush but it's tough to figure that president clinton wasn't at least partly responsible for the housing bubble. let's talk to david goodfriend, steve moore, author of "return to prosperity." steve, we'll start with you. i thought bill clinton was reagan's third term. for him to trash republicans and bush doesn't make sense. clinton has nothing in common with barack obama....
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Sep 6, 2012
09/12
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under bush they tried to go under fannie mae. >> this guy tried to shut down fannie mae and freddie mac. >> subprime loans. >> andrew cuomo and bill clinton. >> no, it didn't. >> barney frank saying it was solvent. >> i'm sorry i'm talking so much, but you have a balanced panel here. >> nan, do you think his argument of four more years or three more years or whatever will work? that was the argument clinton made last night. it seemed like the precursor to obama's argument. do you think america will vote for a guy who is telling them they have to wait several more years for economic success? >> americans, based on my experiences are representative of the hudson valley in new york. americans are fed up. they are desperate for change, but not the kind of change president obama, based on the experience of four years of his policies, has provided to us. so they want to see the kind of change from economic growth. when clinton spoke last night about his presidency and alluded to triumphs when there were troubles he neglected to mention the great engine of the economic growth among others -- >
under bush they tried to go under fannie mae. >> this guy tried to shut down fannie mae and freddie mac. >> subprime loans. >> andrew cuomo and bill clinton. >> no, it didn't. >> barney frank saying it was solvent. >> i'm sorry i'm talking so much, but you have a balanced panel here. >> nan, do you think his argument of four more years or three more years or whatever will work? that was the argument clinton made last night. it seemed like the precursor...
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Sep 8, 2012
09/12
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still working and 148,000 a year more from, from what's left of fannie mae, none of those stories got any traction at all in the mainstream media. >> and hats off to john carl, media note. for putting out one of the three steel workers trotted out in front of the democratic national convention who got up there and said, you know, mitt romney is bad because bain capital closed our company and we lost our jobs. one of them didn't work at the company. he was a union organizers. >> the same problem that they had with that ad that was put out by one of the non-affiliated super pacs, on the obama committee. they need to do better in the fact checking department and i actually think the press, they did that and-- >> isn't this the party that's running our country right now? >> yes, it is. >> running or ruining? >> brit hume was very struck by something that i also-- occurred to me as i was watching both the republicans and democratic national conventions, he said he was getting a little tired of the destitution derby here. is there a candidate who's grandfather didn't work in a coal mine and
still working and 148,000 a year more from, from what's left of fannie mae, none of those stories got any traction at all in the mainstream media. >> and hats off to john carl, media note. for putting out one of the three steel workers trotted out in front of the democratic national convention who got up there and said, you know, mitt romney is bad because bain capital closed our company and we lost our jobs. one of them didn't work at the company. he was a union organizers. >> the...
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Sep 27, 2012
09/12
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this woman says she was upon and fannie mae have helped her. now she says she is an activist working part-time. >> i am slightly employed. >> who is sure slight employer? ts.basically the activis they wanteden said be arrested. some voiced support. p.m., thatre at 5:00 would be madness. people would be really angry. think it is all right. i am not in favor of that. of free speech and .emonstrating outside one womantesters -- organization grew out of what was formerly known as acorn. of them were also taken to york for similar demonstrations. >> despite the protests, there for homeowners. the average interest rate fell to a new record low. the rate on a 30 year low and o 3.4%. t that is down from 3.49%. this is the lowest since the 1950's. >> the national fans get a break with a plan to keep my running it playoff games goal late. will plateal says it -- pay for the extended service. metro requires $29,000 for every extra hour it keeps the train running. the mentor tried to a deal. now the uncertainty is over. >> coming up, three men arrested bea
this woman says she was upon and fannie mae have helped her. now she says she is an activist working part-time. >> i am slightly employed. >> who is sure slight employer? ts.basically the activis they wanteden said be arrested. some voiced support. p.m., thatre at 5:00 would be madness. people would be really angry. think it is all right. i am not in favor of that. of free speech and .emonstrating outside one womantesters -- organization grew out of what was formerly known as acorn....
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Sep 30, 2012
09/12
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. >> fannie mae and freddie mac have been under federal control for over four years now. the administration has a set of options but never a detailed recommendation for what should be done with them. is the time coming for that soon? >> when we put out our ideas for housing reform, we were very clear that there are a basic set of choices to be made. we made out three clear options. we were clear that there has to be some basic consensus of rounds which of those directions before we can get into the details of what legislation should look like. there has been a lot of partisanship. this has not been something that congress has been able to reach a consensus on. particularly attention is focused on the campaign and election. there has been even less attention. what i would tell you is a we are ready and eager to get into the details of how to reform fannie mae and freddie mac. the president laid out a set of options on what we would do. what we need now is for congress, and i expect this will happen soon after the election, to focus back on is there a bipartisan solution th
. >> fannie mae and freddie mac have been under federal control for over four years now. the administration has a set of options but never a detailed recommendation for what should be done with them. is the time coming for that soon? >> when we put out our ideas for housing reform, we were very clear that there are a basic set of choices to be made. we made out three clear options. we were clear that there has to be some basic consensus of rounds which of those directions before we...
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Sep 27, 2012
09/12
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fannie mae reached out to some of the protesters today and said they would meet with them that. meeting did happen and fannie mae said they would look into some of the cases that were brought up during that discussion. >> hopefully more than just talk comes from those meetings. thanks. >>> right now metro is announcing a deal to provide late night service following washington's nationals playoff games. we'll take you there live in 9news. >> reporter: israel's prime minister demands a red line over iran's nuclear development. >>> caught on tape two men wanted for burglarizing a downtown d.c. store. this is surveillance video taken early yesterday morning inside the all in one market in the 300 block of p street northwest it. shows two men break through the door, grab some merchandise and leave the same way they came in. they got away in a light colored older model conversion van. >>> israeli prime minister benjamin netanyahu addressed the un general assembly today. >> netanyahu is pressing for what israel calls a clear red line on iran and its nuclear program. >> reporter: israel
fannie mae reached out to some of the protesters today and said they would meet with them that. meeting did happen and fannie mae said they would look into some of the cases that were brought up during that discussion. >> hopefully more than just talk comes from those meetings. thanks. >>> right now metro is announcing a deal to provide late night service following washington's nationals playoff games. we'll take you there live in 9news. >> reporter: israel's prime minister...
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Sep 27, 2012
09/12
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they were protesting outside fannie mae headquarters. they were calling for an end to evictions and demanding solutions to keep people in their homes. executives from fannie mae met with the protesters to hear their concerns. fannie mae says it is focused on helping homeowners who are struggling to keep their properties. >>> breaking news tonight. the man who tried to extort money from robert griffin iii pled guilty. he's 25 years old. and he admitted to threatening to release information that he said would damage griffin's reputation if he didn't get $1 million. the fbi helped in the negotiations that led to arresting hurd. he's facing up to five years in prison. he'll be sentenced in november. >>> baltimore ravens and cleveland browns, tonight fans of both teams might have something in common to cheer about. thursday night football game will be officiated by the nfl's regular crews for the first time this season. dan hellie here now with more on that. this is good news. >> vance, all is good in the football world, at least for now. the
they were protesting outside fannie mae headquarters. they were calling for an end to evictions and demanding solutions to keep people in their homes. executives from fannie mae met with the protesters to hear their concerns. fannie mae says it is focused on helping homeowners who are struggling to keep their properties. >>> breaking news tonight. the man who tried to extort money from robert griffin iii pled guilty. he's 25 years old. and he admitted to threatening to release...
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Sep 25, 2012
09/12
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it is fundamentally underlying related to freddie mac and fannie mae. people are credit loans from years ago or when you want them, now that the government is doing some interesting things with the regulator of fannie mae and freddie mac, try to make sure that when you have that insurance from fannie and freddie, the guarantee, but that is a real guarantee. that will have a positive impact. cheryl: that is the reason we keep propping them up. fannie mae and freddie mac. let's talk about the refinance environment. a lot of viewers having a tough time. they want to do it because rates are incredibly low. are things getting any easier right now? >> right now, i don't think that they are. however, one thing that will make it easier is that when you have of situations where we're getting appraisals, it will be easier to get a property appraiser. what a situation where foreclosed homes were sitting on the market and were dragging down property values, we are seeing investors have bought up a lot of good lower-priced homes, and that will certainly help the mar
it is fundamentally underlying related to freddie mac and fannie mae. people are credit loans from years ago or when you want them, now that the government is doing some interesting things with the regulator of fannie mae and freddie mac, try to make sure that when you have that insurance from fannie and freddie, the guarantee, but that is a real guarantee. that will have a positive impact. cheryl: that is the reason we keep propping them up. fannie mae and freddie mac. let's talk about the...
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Sep 6, 2012
09/12
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mae and freddie mac, which helped create the mortgage crisis. he told a great story. problem is he used some facts that helped him and ignored some facts that didn't help him. it was vintage clinton, great to watch. it was a great story. >> david? >> the democrats have now had two very good, surprisingly strong nigs. >> right. >> the stumble over the platform -- >> that was a stumble tonight. but they ended -- they had a tremendous finish. if barack obama tomorrow night can make it 3 for 3, they could break out in this election. they've been trying to do that. the dynamics have been steady all along. they have a chance. i think it's a chance, i don't think it's certain, i think they have a chance -- >> we've seen bounces before for democrats that then have faded away. >> it's been a while. bill clinton has a bit of a bounce, the kerry/bush race they both got eight points. because of polarization, the cable era, the blogosphere, president obama got two points, four years ago against john mccain. carly was involved in the campaign. you knew it. he
mae and freddie mac, which helped create the mortgage crisis. he told a great story. problem is he used some facts that helped him and ignored some facts that didn't help him. it was vintage clinton, great to watch. it was a great story. >> david? >> the democrats have now had two very good, surprisingly strong nigs. >> right. >> the stumble over the platform -- >> that was a stumble tonight. but they ended -- they had a tremendous finish. if barack obama tomorrow...
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Sep 5, 2012
09/12
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mae and freddie mac. and borrowers, they were becaabg the system. there was a lot of institutions involved in causing the crisis, and it's not good for the banks to be blamed 100%. you could get a bad outcome in terms of how you fix it. >> tell me how you can manage a complex institution that is serving two masters. you've done it. >> yeah, first of all, i think this notion that these big banks are too big to manage, too complex, is not right. we live in a complex world, and we just need to manage things when they go wrong. as a individual and a user of it, or a business manager, it is complexi comple complex. we should not be talking about rolling back a banking industry that is very efficient to something that was not 15 years ago. so this complexity argument i don't buy. sure big banks are complexion, but if you look at the final institutions that have failed, they have been more -- you take country wide, or wamu, these were companies that weren't nearly as complex by any stretch of the imagination as
mae and freddie mac. and borrowers, they were becaabg the system. there was a lot of institutions involved in causing the crisis, and it's not good for the banks to be blamed 100%. you could get a bad outcome in terms of how you fix it. >> tell me how you can manage a complex institution that is serving two masters. you've done it. >> yeah, first of all, i think this notion that these big banks are too big to manage, too complex, is not right. we live in a complex world, and we just...
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Sep 9, 2012
09/12
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still working and 148,000 a year more from, from what's left of fannie mae, none of those stories got any traction at all in the mainstream media. >> and hats off to john carl, media note. for putting out one of the three steel workers trotted out in front of the democratic national convention who got up there and said, you know, mitt romney is bad because bain capital closed our company and we lost our jobs. one of them didn't work at the company. he was a union organizers. >> the same problem that they had with that ad that was put out by one of the non-affiliated super pacs, on the obama committee. they need to do better in the fact checking department and i actually think the press, they did that and-- >> isn't this the party that's running our country right now? >> yes, it is. >> running or ruining? >> brit hume was very struck by something that i also-- occurred to me as i was watching both the republicans and democratic national conventions, he said he was getting a little tired of the destitution derby here. is there a candidate who's grandfather didn't work in a coal mine and
still working and 148,000 a year more from, from what's left of fannie mae, none of those stories got any traction at all in the mainstream media. >> and hats off to john carl, media note. for putting out one of the three steel workers trotted out in front of the democratic national convention who got up there and said, you know, mitt romney is bad because bain capital closed our company and we lost our jobs. one of them didn't work at the company. he was a union organizers. >> the...
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Sep 6, 2012
09/12
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it was democrats who stood in opposition to reigning in fannie mae and freddie mac which helped create the mortgage crisis. so he told a great story. the problem is, he used some facts that helped him, and ignored some facts that didn't help him, it was vintage clinton, it was great to watch. it was a great story. >> i'd like to go back to what i said last night, the democrats have now had two very good -- surprisingly strong nights. >> they stumble over the platform, you think -- >> there was a stumble tonight, it was quiet, but they ended on -- they had a tremendous finish. if barack obama tomorrow night can make it 3 for 3, they could break out in this election. they've been trying to do that. the dynamics have been steady all along, they have a chance. i think they have a chance -- >> you've seen bounces before for democrats that then have faded away. >> it's been a while. bill clinton has a bit of a balance to carry the bush race, they both have eight points, they matched up. because of the polarization, the cable era, president obama just got two points four years ago against joh
it was democrats who stood in opposition to reigning in fannie mae and freddie mac which helped create the mortgage crisis. so he told a great story. the problem is, he used some facts that helped him, and ignored some facts that didn't help him, it was vintage clinton, it was great to watch. it was a great story. >> i'd like to go back to what i said last night, the democrats have now had two very good -- surprisingly strong nights. >> they stumble over the platform, you think --...
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Sep 10, 2012
09/12
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were wrecking fannie mae and putting us in the hole. he's still getting a pension. he's 50 years old. >> fannie mae required $200 billion bailout from the government. the whole issue of jerusalem not being the eternal capital of israel which was the democratic platform. platforms are vetted in the white house. tom donilon is an old campaign guy. it's inconceivable he didn't pass judgment on it. has the administration changed its policy? megyn: we were told that the president didn't know about it. >> i was in the white house when we did a platform in 1986. you don't do a platform without the explicit knowledge of the administration. megyn: even on the romney side they are saying governor romney doesn't agree with the abortion platform. >> they may walk away from it. >> inconceivable. >> this is a change in national security -- at least on the record. this is very delicate stuff. it's still a major commitment. megyn: it sounds like our complaining business yes some conduct but also lack of media attention. >> the meade why doesn't tell us
were wrecking fannie mae and putting us in the hole. he's still getting a pension. he's 50 years old. >> fannie mae required $200 billion bailout from the government. the whole issue of jerusalem not being the eternal capital of israel which was the democratic platform. platforms are vetted in the white house. tom donilon is an old campaign guy. it's inconceivable he didn't pass judgment on it. has the administration changed its policy? megyn: we were told that the president didn't know...
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Sep 6, 2012
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mae and freddie mac, making tens of millions which helped cause an almost financial collapse in this country and his fingerprints are all over there is funny and i have not heard people talk about that, either. >>neil: thank you, mark levin. the community reinvestment act spurred lending so we could go from making this hard to get a home to almost a birthright that is then. here we are now. >> and for elizabeth warren her memorable line: corporations are not people which of course is news to mitt romney who says corporates made up of and led by and, well, accountable to people. it is a central theme of a convention that sees a lot of companies as a big part of the problem. a former c.e.o. is going to set the record straight, he says, and stop the nonsense now. copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. h
mae and freddie mac, making tens of millions which helped cause an almost financial collapse in this country and his fingerprints are all over there is funny and i have not heard people talk about that, either. >>neil: thank you, mark levin. the community reinvestment act spurred lending so we could go from making this hard to get a home to almost a birthright that is then. here we are now. >> and for elizabeth warren her memorable line: corporations are not people which of course...
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Sep 4, 2012
09/12
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we've got derivatives issues, a variety of other things, and we haven't touched fannie mae and freddie mac. they have to be looked at as well. >> john, i want to go to you. there has been a lot of talk about, you know, repealing dodd-frank entirely, but the word on the street is that, you know, even if romney were to be elected president, that it would likely not be a complete repeal but maybe a tinkering with certain parts of dodd-frank that the banking sector and financial services sector don't like. give us your take on what is feasible in terms of actually amending dodd-frank if there is a republican administration. >> this was a very difficult law to put together. it would be a very difficult law to take apart. but i would say after the great depression, we saw acts like the federal reserve act rewritten several times and i wouldn't be at all surprised if we saw continued tinkering no matter who is president with dodd-frank. we just saw it with oxley, with the rules impeding ipos. one of the few things they've gotten done this year. i would say you asked the previous guest for a g
we've got derivatives issues, a variety of other things, and we haven't touched fannie mae and freddie mac. they have to be looked at as well. >> john, i want to go to you. there has been a lot of talk about, you know, repealing dodd-frank entirely, but the word on the street is that, you know, even if romney were to be elected president, that it would likely not be a complete repeal but maybe a tinkering with certain parts of dodd-frank that the banking sector and financial services...
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Sep 28, 2012
09/12
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. >>> demonstrators are demanding fannie mae put an end to eviction and foreclosures. police arrested several protesters who blocked traffic on wisconsin avenue in front of fannie mae's headquarters yesterday. executives from the company later met with demonstrators. they say they're focused on helping homeowners who are struggling to hold on to their homes. >>> and this is what police found in one culpeper, virginia home. they say they found more than 100 marijuana plants growing in james barry's basement. the drugs have a street value of about $300,000. officers say the house was rigged to hide the plants. there was even a trap door leading from the main home to the basement. this is the largest grow house operation ever busted in culpeper. >>> d.c. police and fire officials are trying to figure out who defaced a picture of the district's fire chief. somebody drew a mustache on a photograph of chief kenneth ellerbe and flipped the picture upside down. the vandalism happened at engine 10 on florida avenue. police came and dusted for fingerprints and filed an official
. >>> demonstrators are demanding fannie mae put an end to eviction and foreclosures. police arrested several protesters who blocked traffic on wisconsin avenue in front of fannie mae's headquarters yesterday. executives from the company later met with demonstrators. they say they're focused on helping homeowners who are struggling to hold on to their homes. >>> and this is what police found in one culpeper, virginia home. they say they found more than 100 marijuana plants...
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Sep 8, 2012
09/12
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CURRENT
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fannie mae mortgages modification. that's something. >> there has been a lot of arm twisting of ed dimarco the conservator of of sally may and freddie mac. and they say they don't have any more power to twist his arm. >> eliot: they should be going after every conceivable way. the real problem joe i think dan is exactly right and i and many people have been saying for years until you deal with the mortgage crisis you won't deal what is really at the root of the economy. the problem has been the treasury department. the treasury did not appreciate that simple premise. tim geithner was willing to let it work its way on its own. and grievous mistake. it debilitated our economy. the successes and jennifer granholm. >> she was awesome. >> she was awesome. it's the auto bailout. i'm struck that mitt romney has not responded adequately. what is the republican party going to say about meaningful support to bail out the auto industry. >> they're going to say nothing. it's better than saying something. they're likely to get the
fannie mae mortgages modification. that's something. >> there has been a lot of arm twisting of ed dimarco the conservator of of sally may and freddie mac. and they say they don't have any more power to twist his arm. >> eliot: they should be going after every conceivable way. the real problem joe i think dan is exactly right and i and many people have been saying for years until you deal with the mortgage crisis you won't deal what is really at the root of the economy. the problem...
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Sep 20, 2012
09/12
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first, i rise to protest an action by the federal housing finance agency, fannie mae and freddie mac, that punish my state of connecticut and four other states for effectively protecting our citizens against unfair and abusive mortgage foreclosure practices. and i want to say right at the outset, i am determined to fight this action, along with my colleagues, during the comment period that we have to contest this very unwise, misguided, unacceptable decision. these agencies have just posted for 60-day comment a decision to increase fannie mae and freddie mac's guarantee fee for connecticut and four other states -- new jersey, new york, illinois and florida. why? because the protections that we have in place now against those abusive banking tactics that have so pervaded the mortgage foreclosure process, increased the length of time that it sometimes takes for foreclosure, and we have a mediation process that keeps people in their homes and enables settlements that actually save money. that is connecticut's crime. that is the reason that connecticut and for her other states and our hom
first, i rise to protest an action by the federal housing finance agency, fannie mae and freddie mac, that punish my state of connecticut and four other states for effectively protecting our citizens against unfair and abusive mortgage foreclosure practices. and i want to say right at the outset, i am determined to fight this action, along with my colleagues, during the comment period that we have to contest this very unwise, misguided, unacceptable decision. these agencies have just posted for...
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Sep 15, 2012
09/12
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FBC
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even fannie mae freddie mac. look at models this is a good model. but many of those eventually are privatized or if they are a debt burden then turned back over for a bailout. john: is there any socialist >> the law that is perpetuated is that we have to have a two-party system. we are going to have problems politically until we have a third party. >> neil cavuto was talking about the candidate that makes the most sense for me. most of the others make so many promises, that they sound almost as silly as the green party candidate. >> green means a guaranteed job for every american. a new economy fueled by renewable energy and no more student debt. john: let's get real. all of the candidates think of themselves as freeloaders. but they are not. i am a libertarian in part because i see the false choice offered by political left and right, either government control over the economy or government control of our personal lives. democrats think it is income inequality. republicans think that the opposite is true. let them advocate moral behavior and let th
even fannie mae freddie mac. look at models this is a good model. but many of those eventually are privatized or if they are a debt burden then turned back over for a bailout. john: is there any socialist >> the law that is perpetuated is that we have to have a two-party system. we are going to have problems politically until we have a third party. >> neil cavuto was talking about the candidate that makes the most sense for me. most of the others make so many promises, that they...
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Sep 22, 2012
09/12
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and fannie mac. -- fannie mae and freddie mack. representative waters approached the committee to discuss better husband had been a member of the board of oneunited bank and he told her that he would handle the oneunited matter and she should stay out of it. the exact timing of this conversation is not clear from the record, but we believe that occurred at some point following the september 9, 2000 treasury meeting but prior to the circulation of the first draft of the emergency economic stabilization act on september 28, 2008. the record reveals that despite representative waters's correct determination that she should not be involved in any direct help for the bank because of conflict of interest, her chief of staff continue to engage in official actions taken solely on behalf of oneunited bank and not the greater class of banks affected by the conservatorship. the first official act was an e-mail dated september 19, 2008. mr. moore said that e-mail to a -- mr. moore sent that e-mail to a financial services staffer stating, "oneu
and fannie mac. -- fannie mae and freddie mack. representative waters approached the committee to discuss better husband had been a member of the board of oneunited bank and he told her that he would handle the oneunited matter and she should stay out of it. the exact timing of this conversation is not clear from the record, but we believe that occurred at some point following the september 9, 2000 treasury meeting but prior to the circulation of the first draft of the emergency economic...
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Sep 10, 2012
09/12
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atlanta could be in a future deal or they could be sold directly from fannie mae if prices continue to recover. >> diana, thank you. >>> just because summer is over, that doesn't mean the great american drought is over with. we have some exclusive details on just how harmful it is going to be to our economy. >>> and general motors ai' big problem. great sales. phil lebeau is live at chicago. >> talking about the chevy volt. headlines today that the volt is aen monoloser. how much per vehicle? that might surprise you. and why is gm saying, listen, this map is way off base. we'll have numbers when "power lunch" returns. uh, i'm in a timeout because apparently riding the dog like it's a small horse is frowned upon in this establishment! luckily though, ya know, i conceal this bad boy underneath my blanket just so i can get on e-trade. check my investment portfolio, research stocks... wait, why are you taking... oh, i see...solitary. just a man and his thoughts. and a smartphone... with an e-trade app. ♪ nobody knows... [ male announcer ] e-trade. investing unleashed. >>> welcome back to
atlanta could be in a future deal or they could be sold directly from fannie mae if prices continue to recover. >> diana, thank you. >>> just because summer is over, that doesn't mean the great american drought is over with. we have some exclusive details on just how harmful it is going to be to our economy. >>> and general motors ai' big problem. great sales. phil lebeau is live at chicago. >> talking about the chevy volt. headlines today that the volt is aen...
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it was democrats who stood in opposition to reigning in fannie mae and freddie mac which helped create the mortgage crisis. so he told a great story. the problem is, he used some facts that helped him, and ignored some facts that didn't help him, it was vintage clinton, it was great to watch. it was a great story. >> i'd like to go back to what i said last night, the democrats have now had two very good -- surprisingly strong nights. >> they stumble over the platform, you think -- >> there was a stumble tonight, it had a slow start tonight, it was quiet. but they ended on a -- they had a tremendous finish. if barack obama tomorrow night can make it three for three, they could break out in this election. they've been trying to do that. the dynamics have been steady all along, they have a chance. i think they have a chance -- >> you've seen bounces before for democrats that then have faded away. >> it's been a while. bill clinton has a bit of a balance to carry the bush race, they both have eight points, they matched up. because of the polarization, the cable era, the blogosphere, presid
it was democrats who stood in opposition to reigning in fannie mae and freddie mac which helped create the mortgage crisis. so he told a great story. the problem is, he used some facts that helped him, and ignored some facts that didn't help him, it was vintage clinton, it was great to watch. it was a great story. >> i'd like to go back to what i said last night, the democrats have now had two very good -- surprisingly strong nights. >> they stumble over the platform, you think --...
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Sep 17, 2012
09/12
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even fannie mae freddie mac. look at models this is a good model. but many of those eventually are privatized or if they are a debt burden then turned back over for a bailout. bailout. john: is there any socialist hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. to meet the needs of my growing business. but how am i going to fund it? and i have to find a way to manage my cash flow better. [ female announcer ] our wells fargo bankers are here to listen, offer guidance and provide you with options tailored to your business. we've loaned more money to small businesses than any other bank for ten years running. so come talk to us to see how we can help. wells fargo. together we'll go far. >> the law that is perpetuated is that we have to have a two-party system. we are going to have problems politically until we have a third party. >> neil cavuto was talking about the ca
even fannie mae freddie mac. look at models this is a good model. but many of those eventually are privatized or if they are a debt burden then turned back over for a bailout. bailout. john: is there any socialist hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. to meet the needs of my growing business. but how...
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Sep 16, 2012
09/12
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even fannie mae freddie mac. look at models this is a good model. but many of those eventually are privatized or if they are a debt burden then turned back over for a bailout. bailout. john: is there any socialist when i found out my irregular heartbeat put me at 5 timesgreater risk o, my first thoughts were about my wife, and my family. i have the most commonype of atrial fibrillation, or afib. it's not caused by a heart valve problem. i was taking warfarin, but my doctor put me on pradaxa instead to reduce my risk of stroke. in a clinical trial, praxa® (dabigatran etexilate mesylate) reduced stroke risk 35% better than warfarin. and unlike warfarin, with pradaxa, there's no need for regular blood tests. that's really important to me. pradaxa can cause serious, sometimes fatal, bleeding. don't take pradaxa if you have abnormal bleeding and seek immediate medical care for unexpected signs of bleeding, like unusual bruising. pradaxa may increase your bleeding risk if you're 75 or older, have a bleeding condition like stomach ulcers, or take aspirin,
even fannie mae freddie mac. look at models this is a good model. but many of those eventually are privatized or if they are a debt burden then turned back over for a bailout. bailout. john: is there any socialist when i found out my irregular heartbeat put me at 5 timesgreater risk o, my first thoughts were about my wife, and my family. i have the most commonype of atrial fibrillation, or afib. it's not caused by a heart valve problem. i was taking warfarin, but my doctor put me on pradaxa...
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mae protests we are so grateful that you are here to celebrate the one year of occupy we're so grateful that you are calling for bailing out the students for free public higher education not bailing out the bankers but rather holding the bankers accountable for creating a moratorium on on home foreclosures chill we're out of time but thank you so much for being with us dr jill stein i was really well great department of banking. so did any of you happen to see a lot of americans walking around today with an eye patches on peg legs and parrots on their shoulders if you did as a perfectly good explanation for it today is international talk like a pirate day holiday that goes all the way back to one thousand nine hundred five and was started by two pirate enthusiastic john old chum bucket bauer and mark captain slappy summer's holiday has since been picked up by the church of the flying spaghetti monster which believes the pirates were the original pasta fairy ns and should be considered absolute divine beings churches also observed a direct correlation between the number of sailing around
mae protests we are so grateful that you are here to celebrate the one year of occupy we're so grateful that you are calling for bailing out the students for free public higher education not bailing out the bankers but rather holding the bankers accountable for creating a moratorium on on home foreclosures chill we're out of time but thank you so much for being with us dr jill stein i was really well great department of banking. so did any of you happen to see a lot of americans walking around...
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Sep 2, 2012
09/12
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mae and freddie mac were doing fine and, the spokespersons for the democrats' agenda, that will be on stand, and, unless they are really able to change their stripes quickly have not been known over the years for being one to engage in real civil discourse. that will be interesting. >> bill: we just heard chris wallace talk to martha a moment ago. and he talked to david axelrod for his fox news sunday show and made it quite clear mitt romney will be the main target here in charlotte. now i hadn't heard you comment since mitt romney made his speech on thursday night, and we heard the president yesterday say it was a rerun of ideas and, you could watch it on black-and-white t.v. suggesting the ideas were old and there was nothing new in there. what did you think of mitt romney's presentation thursday night? >> caller: well, i was pleased that he not only represents but he was able to articulate a completely different vision than what barack obama has cast for america. you know, what obama has represented is just this -- being adamant that the answer to the economic woes we're facing in
mae and freddie mac were doing fine and, the spokespersons for the democrats' agenda, that will be on stand, and, unless they are really able to change their stripes quickly have not been known over the years for being one to engage in real civil discourse. that will be interesting. >> bill: we just heard chris wallace talk to martha a moment ago. and he talked to david axelrod for his fox news sunday show and made it quite clear mitt romney will be the main target here in charlotte. now...
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Sep 25, 2012
09/12
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a classic example is fannie mae and freddie mac and the entire economic mess we are in. how many more things to we want to inject the government into? they are the ones driving the cost. we need a little free enterprise work. >> next question from bill miller and go first to jonathan. the u.s. postal service is very important to the room -- to the people in the room today. it is now trying to go into a program that would be competing in a bear to newspapers. in many cases the newspaper is the largest customer for the post office of community. what i would like to know is, what is your position on this issue and other issues of closing rural post offices and eliminating saturday delivery? what would you do in the senate to help rural newspapers and community newspapers that depend on the postal service? >> like many of the things run by the government, the postal service is one that is very inefficient. i of a friend who works as a mail carrier. he gets four days straight of 10 hours per day so that every time he is needed he gets more overtime. the federal government, in
a classic example is fannie mae and freddie mac and the entire economic mess we are in. how many more things to we want to inject the government into? they are the ones driving the cost. we need a little free enterprise work. >> next question from bill miller and go first to jonathan. the u.s. postal service is very important to the room -- to the people in the room today. it is now trying to go into a program that would be competing in a bear to newspapers. in many cases the newspaper is...
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mae and freddie mac to make 50% of their loins tsloansto people below me. and he ordered fannie and fred tfannie andfreddie to buy thosed securitize them. george bush to his credit, unsuccessful but to his credit, tried to rein in fannie and freddie, the fact that bill clinton said, that nobody could have done it, is providing an be cues to obama for his failure. neil: always good having you on. daryl hannah, is joining us now. she have very big environmental activist. and these are issues that are near and dear to her, daryl good to have. >> you thank you. neil: why this ticket? >> this ticket, truth and i'm not that thrilled about the aim of money that is being spent on these campaigns, and conventions. considering the economic struggles that people are in this this country, it is atrocious and criminal that this much money is spent on elections. neil: they both eschewed public campaign financing, they figure they can raise more money on their own, why does that worry you? >> well, i just -- i think that it is not necessary. you know, first of all people
mae and freddie mac to make 50% of their loins tsloansto people below me. and he ordered fannie and fred tfannie andfreddie to buy thosed securitize them. george bush to his credit, unsuccessful but to his credit, tried to rein in fannie and freddie, the fact that bill clinton said, that nobody could have done it, is providing an be cues to obama for his failure. neil: always good having you on. daryl hannah, is joining us now. she have very big environmental activist. and these are issues that...
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Sep 21, 2012
09/12
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it has to do with fannie mae and freddie mac. when my republican friends are out of power, they know exactly what to do about housing. when they're in power they forget. it's a peculiar form of apple nearbyia. from -- amnesia. from 1995 to 2006 they controlled the congress and did nothing, nothing about fannie mae and freddie mac. we came in 2007 and took action and put them in a conservatorship and stopped them from losing money. the next step was to go forward with replacing them. we said that we would do that. we did financial reform first. the republicans said in 2009 and 2010, you must do reform of fannie mae and freddie mac. and we thought financial reform came first because we already stopped the bleeding. then they came to power in 2011 and they've done nothing, and the reason they've done nothing about fannie mae and freddie mac and the reason they've done nothing about the post office and agriculture and didn't do anything about the highways is very simple. they're a party torn between extremists and people who are afra
it has to do with fannie mae and freddie mac. when my republican friends are out of power, they know exactly what to do about housing. when they're in power they forget. it's a peculiar form of apple nearbyia. from -- amnesia. from 1995 to 2006 they controlled the congress and did nothing, nothing about fannie mae and freddie mac. we came in 2007 and took action and put them in a conservatorship and stopped them from losing money. the next step was to go forward with replacing them. we said...
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Sep 3, 2012
09/12
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even barney frank to give is the fannie mae financial debacle, you know, when they did away with glass-steagall. but the democrats, i just think president bush -- i'm sorry, president obama has spent $29 billion for outsourcing ricky give a for cars in finland and solar power in china. i don't like the fact that he spoke to the russian communist and ask if he was reelected -- after reelected, he would do something about star wars, so i hope the american people take these things into account and realize that romney after this convention showed us what kind of a very trustworthy and compassionate man he is, but also very knowledgeable internationally and in business and given people thousands of jobs. host: we will leave it there. mr. funk? guest: the republicans have their rapid response team in charlotte. they rented some space near the nascar hall of fame. they are supposed to be bringing in marco rubio, the governor of south carolina, and others to sort of give their version of the day's message. one thing i think he will see at this convention, as you saw in tampa, is a lot of women at the p
even barney frank to give is the fannie mae financial debacle, you know, when they did away with glass-steagall. but the democrats, i just think president bush -- i'm sorry, president obama has spent $29 billion for outsourcing ricky give a for cars in finland and solar power in china. i don't like the fact that he spoke to the russian communist and ask if he was reelected -- after reelected, he would do something about star wars, so i hope the american people take these things into account and...
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Sep 30, 2012
09/12
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barney frank was the godfather of fannie mae and freddie mac in the u.s. congress and the two of them must do low in the private sector and frank in the public sector with fannie and freddie were an unholy alliance that allow countrywide in the people who prospered by imitating countrywide to create bonuses where people can never repay them. they eventually sold us to the federal government and how was that made possible? it was made possible by barney frank through for fannie and freddie in the name of all kinds of high-minded altruistic social benefits, housing for of a buddy lets put people in big mansions or they can afford to. that was the world of "atlas shrugged" and the world we just barely survived and were still struggling to come out. >> donald luskin what to do for a living? >> i'm an investment advisor brother investment in rieser's? >> what the zimon? citf advice on the market to other investment managers who serve customers hedge fund managers, investment counselors. see in your work, how much government regulation is there in what you do? >
barney frank was the godfather of fannie mae and freddie mac in the u.s. congress and the two of them must do low in the private sector and frank in the public sector with fannie and freddie were an unholy alliance that allow countrywide in the people who prospered by imitating countrywide to create bonuses where people can never repay them. they eventually sold us to the federal government and how was that made possible? it was made possible by barney frank through for fannie and freddie in...